Microchip Technology Inc. (Chandler, AZ) announced that it plans to buy TelCom Semiconductor Inc. (Mountain View, CA) in a stock deal valued at about $300.0 million dollars and aimed at expanding its portfolio of stand-alone analog products. The transaction is expected to be completed during the first quarter of 2001 and immediately add to Microchip's […]
International Rectifier (El Segundo, CA) has designed a motor drive power-management architecture, positioned between the micro- or DSP-controller and the motor, to...
International Rectifier (IR, El Segundo, CA) announced the availability of the new IR2172 linear current-sensing IC with built-in shutdown for motor-drive applications. The IR2172 is designed to eliminate external current-sensing protection circuits. It is rated at 600V, for 230V three-phase ac inverters or brushless dc industrial motor drives used in conveyor belts and similar applications. […]
International Rectifier (El Segundo, CA) announced the availability of the new IR2172 linear current-sensing IC with built-in shutdown for motor drive applications....
Beacon Power Corp. (Wilmington, MA) set its planned initial public offering at eight million shares of common stock at $11 to $13 per share. In an amended prospectus filed on Thursday with the Securities and Exchange Commission, the company announced that it expects to raise about $88.1 million in net proceeds from the offering. The […]
Darnell.Com Inc. (Corona, CA) announced the appointments of Dr. D. Bruce Merrifield and John C. Meldrum to the company's Board of Directors. Dr. Merrifield and Mr. Meldrum are the first outside directors appointed to the board.Dr. Merrifield is president and CEO of the Pridco Management Company (Washington, DC). He is Professor Emeritus of the Wharton […]
American Superconductor Corp. (Westborough, MA) reported that revenues for the third quarter of fiscal 2001 ended December 31, 2000, were $5.6 million compared with $5.0 million recorded in the same period last year. Revenues for the third quarter ended December 31, 2000, included $3.5 million in sales of the company's Superconducting Magnetic Energy Storage products, […]
Hitachi Ltd. (Tokyo, Japan) raised its first-half net profit forecast last week and is now predicting an increase of more than 11 times their initial estimate. Instead of the originally expected 4.7 billion yen, Hitachi anticipates reaping 55.0 billion yen ($514.6 million dollars). The rise is largely due to the increased demand for semiconductor chips […]
SL Industries Inc. (Mt. Laurel, NJ) announced that revenue for the second quarter ended June 30, 2000, increased 33 percent to $44,144,000, a new record for the period, from $33,151,000 for the second quarter of 1999, and $43,537,000 for the first quarter of 2000. Net income for the second quarter was $796,000, or $0.14 per […]
MagneTek Inc. (Los Angeles, CA) reported increases in revenue, income and earnings per share for fiscal 2000, ended June 30, 2000, compared with prior year results. Operations that are for sale were reported on a discontinued basis, as the company focuses exclusively on fast-growing markets for digital power products. Continuing operations reported total revenue of […]
SatCon Technology Corp. (Cambridge, MA) reported financial results for the third quarter ended June 30, 2000. Revenue for the third quarter increased by $4.6 million, or 112 percent, to a record $8.7 million versus $4.1 million in the third quarter of 1999. Revenue for the first nine months of 2000 increased by $9.3 million, or […]
Beacon Power Corp. (Woburn, MA), a subsidiary of SatCon Technology Corp. (Cambridge, MA), filed with regulators to seek as much as $115.0 million in an initial public offering. It did not say in a preliminary prospectus filed with the Securities and Exchange Commission how many shares it expects to offer or the expected initial price […]
DCH Technology Inc. (DCHT, Valencia, CA) announced that it has completed the installation of a five-sensor hydrogen-monitoring safety system, based on their Robust Hydrogen Sensor, for the first hydrogen/electric bus to be demonstrated in Las Vegas, NV.Dr. Robert F. Boehm, director of the energy research center and professor of mechanical engineering at the University of […]
Advanced Power Technology (APT, Bend, OR) announced the introduction of the 264 MAX packaged MOSFETs. The 264 MAX package is designed for clip-mounting, and has the same footprint as a TO-264 package, but with no mounting hole, allowing the package to accept 25 percent larger die than previously available in the standard TO-264 package. The […]
Delta Computer Systems (Vancouver, WA) has announced direct connectivity to the state-of-the-art ControlLogix Programmable Logic Controller (PLC), via Delta's new Ethernet RMC motion controller. Delta's new high-performance, accurate motion controller, with its Ethernet field-bus communications supporting the applications protocols of the Allen-Bradley ControlLogix PLC, will provide solutions for industry's the automation control needs in applications […]